Plan Ledger DOL Form 5500 · updated monthly

Hettich America L.P.401(k)

HETTICH AMERICA L.P. 401(K) PLAN · BUFORD, GA · plan year 2022

Reported admin expense ratio · 2022
0.80%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Hettich America L.P. reported $31,429 in plan administrative expenses for 2022: 0.80% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,147 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Georgia (1,755th of 2,160), and 3,840th of 4,246 in wholesale trade. In 2022, employees put in $1.93 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,688,734
Participants with balances73
Active participants86
Employer contributions$184,671
Employee contributions$355,724
Employer contribution per active participant$2,147
Average account balance$50,531
Benefits paid to participants$626,679
Plan auditUnmodified (clean) audit opinion
AuditorRESJ, PC
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$31,429
Total administrative$31,429
The Hettich America L.P. 401(k) match · 2022
Employer contribution per active participant$2,147
Median for plans this size$1,114

Hettich America L.P.'s 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$31,429 · 0.80%
Similar plansWholesale Trade · Georgia
Woodford Plywood, Inc. GA$4.7M · 0.03%
Recteq, LLC GA$3.8M · 0.87%
Premium Peanut, LLC GA$3.5M · 0.19%
Marquis Industries Inc. GA$3.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222965482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.